Good Morning, We’re getting SUPER close to the end of the year and, just like every year, we’re getting tone of calls about what accounts can be contributed to after December 31st and which ones will remain open for contributions … Read More
Do You Need an S-Corp?
If you operate your business as a sole proprietor or in a group as an LLC, the S-Corp election might be just want you need! Now, if your profit is less than 50,000 a year then the extra complexity is not worth the small amount of tax savings. But, if you gross over 50,000 it is worth running the numbers to see how much you could save and what other tax/ business/ and retirement advantages you could set up.
Charitable Contributions – Almost closed out!
Happy Holidays! Like a lot of companies, my team and I plan out our charitable giving annually. We like to pick the organizations we’ll donate to and then, make those contributions throughout the year. Think about things like Breast Cancer … Read More
Getting The Most From Your 401(k)
Happy Holidays, We’re getting dangerously close to the end of 2019, but there’s still time to add to your 401(k) if you haven’t maxed out your contributions this year. Just to remind you, if you’re under 50, you can save … Read More
Are You Ready?
Good Morning! Like it or not, the end of 2019 is here. From a tax point of view, if you still haven’t got all your paperwork and “stuff” in order, you’re woefully behind. Now, it might be easy to hide … Read More
Healthcare?
Happy Holidays! Every year, at this time, we get bombarded at the office by folks trying to sort out there healthcare options for the next year. Let me be simple and blunt: It’s going to take you some time to … Read More
Don’t Get Lost in the Season…
It’s the holiday season, … …And there’s no reason you need to let the stresses get to you. Year after year, I have folks like you who let themselves get lost in buying and end up loaded up in debt … Read More
Build Your Dream Business by Systemizing
The truth is, examples like our barber above are exceedingly rare. The “entrepreneur” is really just a Technician, as Michael E. Gerber pointed out in The E-Myth Revisited and the Technician only wants to do the work. Cutting hair. Fixing … Read More
Replace Yourself in Your Business
One of the challenges of replacing yourself in certain roles within your business is that you have to actually understand how to train that job, and that’s something that many people really can’t elucidate. In fact, one of the key … Read More
Impression of Control in Your Business
Now that we’ve made it through tax season, I wanted to share some thoughts that have been bouncing around in my head as a direct result of working with so many small business owners this spring. It’s about control – … Read More
Individual Tax Planning and Vacations
Now that the family vacation is behind you and the financial costs are readily apparent, can we talk about how you can save money next year? I know that a lot of you are thinking, “It would have been nice … Read More